$934,900

Multi Family In Mount Pleasant

  • 12 Baths
  • 8,337 Sqft
  • 21,780 Sqft lot
  • Updated: September 4
  • Source:
    MiRealSource  MLS#61027184

About the Property

Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking
Turn-key fully occupied 12 unit rental portfolio with proven income generation ready for new ownership. Incredible investment opportunity with a lucrative 7.2% CAP rate! Fully occupied (photos are from when units were renovated.) Three well maintained multifamily properties containing 12 total units in the heart of Mount Pleasant are being sold TOGETHER as one package deal. Located within walking distance of Central Michigan University, these properties offer an excellent opportunity for student rentals and investment potential. 109 W. Illinois St. (170000049400) offers 5 units, 304 S. Main St. (170000049300) offers 4 units, and 433 S. Washington St. (170000202900) offers 3 units. All three properties are ideally located near CMU, restaurants, shopping and public transit, and have a strong historical record of full occupancy, making this a compelling opportunity for investors seeking an established multifamily portfolio.
  • Property type

    Other

  • Floors

    2

  • Year built

    1879

  • Price/sqft

    $112

Explore the Area

304 S Main Street, Mount Pleasant, Michigan, United States View on Google Maps
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RE/MAX Platinum - Grand Blanc - Grand Blanc

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RE/MAX Platinum - Grand Blanc - Grand Blanc
Michigan, United States
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2
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2026
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RE/MAX Platinum - Grand Blanc - Grand Blanc
Grand Blanc, Michigan, United States
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Last updated
September 4
First listed
Sep 4
Listing reference
61027184
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